30 October 2019 – The Portuguese Grupo SIL is building a new mixed-use development, called RIVART, which was designed by the Saraiva & Associados architectural studio. The firm is building the new complex in Alcântara, Lisbon, next to the LX Factory. RIVART will have approximately 230 one-to-four bedroom flats with areas ranging between 64 and 275 square meters m2. The complex will also include two office buildings with seven above ground and four below-ground floors totalling 36,600 m2 of surface area.
The residential area will have seven apartment blocks with a total constructed surface area of 37,100 m2.
Grupo SIL is currently already building the infrastructure for the new development, which is located on over four hectares where several industries were once located, including Tate and Lyle’s sugar refinery.
Original Story: Idealista
Adaptation/Translation: Richard D. K. Turner